Last updated: 2025 BLS data · Page refreshed:
How much does a Securities, Commodities, and Financial Services Sales Agents actually take home in South Dakota?
No state income tax — 20.2% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Securities, Commodities, and Financial Services Sales Agents earning $86,780 in South Dakota (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $86,780 | — |
| Federal Income Tax | -$10,932 | 12.6% |
| South Dakota State Income Tax | -$0 | 0.0% |
| Social Security (OASDI) | -$5,380 | 6.2% |
| Medicare | -$1,258 | 1.4% |
| Total Taxes | -$17,571 | 20.2% |
| Take-Home Pay | $69,208 | 79.8% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Securities, Commodities, and Financial Services Sales Agents in South Dakota.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $47,750 | -$7,398 | $40,351 | 15.5% |
| 25th Percentile (P25) | $47,960 | -$7,440 | $40,519 | 15.5% |
| Median (P50) | $86,780 | -$17,571 | $69,208 | 20.2% |
| 75th Percentile (P75) | $127,980 | -$30,044 | $97,935 | 23.5% |
| 90th Percentile (P90) | $226,210 | -$59,370 | $166,839 | 26.2% |
South Dakota has no state income tax, which means a Securities, Commodities, and Financial Services Sales Agents keeps $69,208 of their $86,780 salary — 79.8% of gross pay. Only federal income tax and FICA reduce the paycheck, making South Dakota one of the most tax-friendly states for this occupation.
With an effective total rate of 20.2%, a Securities, Commodities, and Financial Services Sales Agents in South Dakota keeps $69,209 of $86,780 gross — roughly typical for U.S. middle-income earners once federal, FICA and state taxes are combined.
South Dakota is one of the few states with zero state income tax for wage earners. For a Securities, Commodities, and Financial Services Sales Agents, that means the only deductions are federal income tax and FICA — no additional state withholding. This typically adds several thousand dollars per year compared to comparable states with income tax.
Federal income tax ($10,933) accounts for 62% of the total tax bill — the single largest deduction. FICA adds $6,639 (38%), and state tax the remaining $0 (0%).
For Securities, Commodities, and Financial Services Sales Agents after-tax pay, South Dakota ranks #5 of 48 states — top quartile. High gross wages or low state-tax burden (or both) drive the strong ranking.
Translated into paycheck cadences, $69,209 net/year works out to $5,767/month or $2,662/bi-weekly for this Securities, Commodities, and Financial Services Sales Agents in South Dakota — the numbers that actually hit a checking account after every deduction.
Where does a Securities, Commodities, and Financial Services Sales Agents keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
South Dakota ranks #5 out of 48 states for Securities, Commodities, and Financial Services Sales Agents after-tax take-home pay.
A Securities, Commodities, and Financial Services Sales Agents in South Dakota earning a median salary of $86,780 will take home approximately $69,208 per year after federal income tax ($10,932), state income tax ($0), and FICA ($6,638). That is $5,767 per month or $2,661 per bi-weekly paycheck.
The effective total tax rate for a Securities, Commodities, and Financial Services Sales Agents in South Dakota is 20.2%, broken down as: federal income tax 12.6%, South Dakota state tax 0.0%, and FICA (Social Security + Medicare) 7.6%. This assumes a single filer with the standard deduction for 2024.
No, South Dakota does not levy a state income tax on wages. This means a Securities, Commodities, and Financial Services Sales Agents in South Dakota only pays federal income tax and FICA taxes, resulting in a lower overall tax burden compared to most other states. The total effective rate is 20.2%.
After all taxes, a Securities, Commodities, and Financial Services Sales Agents in South Dakota takes home approximately $5,767 per month, or about $33.27 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2025 BLS median salary of $86,780 for Securities, Commodities, and Financial Services Sales Agents in South Dakota, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), South Dakota state income tax (no state income tax), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $69,208/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR